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Technology Stocks
Square, Inc. (SQ)
An SI Board Since June 2019
Posts SubjectMarks Bans Symbol
32 9 0 SQ
Emcee:  AmigaComputer Type:  Unmoderated
Square (stock symbol: SQ) completed its initial public offering on November 19, 2015 on the New York Stock Exchange where it raised gross proceeds of $243 million.

Square is distinctively recognized by their ubiquitous credit card readers that plug directly into mobile phones and tablet devices. They started out as a payment processor platform helping to bridge the gap for non-cash payments at small and medium sized brick-and-mortar retailers so these shops could better compete with larger stores as consumer spending methods continue to shift away from cash.

They have expanded beyond their core non-cash payment origins to host a growing portfolio of banking and other services, which include e-commerce, developing a consumer cash transfer app (Square Cash), built a payroll management cloud-based software service, and launched a lending business.

In 2018, their revenue grew 50% to $3.3 billion. And they also have over $1 billion in cash on hand.

Their well-laid groundwork seems poised for tremendous growth in the coming years as their nascent businesses scale across multiple verticals. Interestingly, many of these verticals have very high margins, which could translate to significant profit growth in the long term.

In other words, Square seems poised to become a very important disruptive player in the financial services markets.

After reading and analyzing related stock market news about them, there are still some concerns, such as, Square's current price-to-sales ratio being presently at 7. Compare that to the S&P 500, which is presently at 2. Relative to other financial-tech firms, however, Square does appear to be financially in line with these others (e.g., Visa and Mastercard are both at 16 of sales).

This board has been created for the purpose of discussing Square’s stock price, future financial prospects, present day results, and the overall merits to its business model within the constantly evolving, very competitive landscape of the fintech industry.

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32Square profit tops estimates on growth in subscription and services business reGlenn Petersen1November 6
31Square will be releasing financial results for the third quarter on November 6. AmigaComputer1October 10
30Thanks, Ron. yes, I do have this board marked, and follow it. Not a lot ofinspbudget-September 16
29I don't invest in the market, but I posted the Tweet to keep the board on thSI Ron (Soup Nazi)-September 16
28Must admit that SQ has not performed well lately; presently sitting on fairly linspbudget-September 16
27[tweet]SI Ron (Soup Nazi)-September 16
26I hope the stock price will recover. The selling of the past few days has been inspbudget-August 11
25I didn't understand the negative reaction to the Caviar sale either. I had nJ.F. Sebastian-August 11
24To me, the sizeable selling off, the day after the disappointing Q2 announcementAmigaComputer1August 10
23Yep, not a good time to release a disappointing earnings report or lowered guidaJ.F. Sebastian-August 2
22Seems like a really extreme reaction to lowered guidance. I concur. In a nervouGlenn Petersen1August 2
21Seems like a really extreme reaction to lowered guidance. Down 16% even when thinspbudget-August 2
20SQ is down 16% this morning. Square falls 7% after forecasting lower-than-expecGlenn Petersen-August 2
19DoorDash is buying Caviar from Square in a deal worth $410 million Megan Rose DGlenn Petersen1August 1
18Hello, found out about this board recently, so hope to greatly benefit from theinspbudget-July 19
17Square seems like a great long term play. Many small businesses I've gone toJ.F. Sebastian-July 16
16Q2 results come in on Aug. 1. Investors should look at revenue growth which shoAmigaComputer-July 16
15We have been Tweeting about this stock on Twitter when news comes out, and peoplSI Ron (Soup Nazi)-July 13
14Shares are 40% higher year-to-date and while SQ stock is finally getting back toAmigaComputer-July 12
13Venmo, PayPal's highly successful person-to-person payment app, has been verAmigaComputer-July 7
12Bitcoin deposits are now possible in its Cash App. The company already allows itAmigaComputer-July 4
11Square is failing against Visa.MBMRESEARCH-July 3
10Second-quarter earnings to be released on Aug. 7 and this report could make or bAmigaComputer-July 2
9Instinet analyst Dan Dolev has come out with a "Buy" rating on the stoAmigaComputer-July 1
8I don't see Square going about $100 in 2019 despite significant inroads in tAmigaComputer-June 29
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